By Michael Neal The total amount of consumer credit outstanding rose in January 2017 reflecting growth in non-revolving credit, auto loans and student loans. Meanwhile, the outstanding amount of revolving credit, largely composed of credit cards, shrank. According to the Federal Reserve Board’s Consumer Credit release, the total outstanding amount of consumer credit climbed by a seasonally adjusted annual rate of 2.8 percent in… Read More ›
From Forms to Reports: A Look at the UAD Overhaul
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD).